+26.5%
MLM vs GAP
+2.1%
+24.4%
-33.2%
Performance
Returns, benchmark comparison, and relative performance.
Performance by timeframe
Returns for 5y.
| Period | Portfolio | GAP | Excess | Alpha |
|---|---|---|---|---|
| 1D | -0.7% | -0.8% | +0.1% | -0.6% |
| 7D | -0.9% | -1.9% | +1.0% | -0.6% |
| 30D | +9.0% | -7.1% | +16.1% | +10.3% |
| 3M | -5.6% | +4.1% | -9.7% | -6.4% |
| 6M | -10.7% | +1.9% | -12.6% | -11.5% |
| YTD | -17.2% | -15.2% | -2.0% | -15.9% |
| 1Y | -14.2% | -10.6% | -3.6% | -13.7% |
| 3Y | +15.6% | +74.6% | -59.0% | -1.8% |
| All | +26.5% | +2.1% | +24.4% | +6.6% |
Cumulative growth
Daily Returns
Daily percentage return beside GAP.
Daily Out/Under-Performance
Portfolio return minus GAP return. Positive bars indicate outperformance.
Daily Alpha
Portfolio daily return minus β × GAP return. Early observations use the first valid beta; later observations use the trailing beta estimated for each date.
Cumulative Out/Under-Performance
Relative wealth over 5y: compounded portfolio wealth divided by compounded GAP wealth, less one. Both series rebase at the selected span's start.
Cumulative Alpha
Compounded beta-adjusted residual returns apply the first valid beta to early observations, then the trailing beta ending on each date.
Updating return analytics…
5y analysis · Full analysis span regression · 6 months rolling